2553364 Residential Complex For Sale, Santorini, 200 Sq.M., €3.500.000

For Sale – Historic Complex of 5 Residences in Fanari – Oia Sunset
In one of Oia’s most iconic locations, in the Fanari area, where the traditional settlement meets the Caldera and its world-famous sunset, a rare complex of five traditional residences is offered for sale as a single property.
The property is set on a 193.38 sq.m. plot, arranged over three levels, with a total residential area of 178.31 sq.m.: Residence A: 28.59 sq.m. | Residence B: 45.33 sq.m. | Residence C: 44.02 sq.m. | Residence D: 46.89 sq.m. | Residence E: 13.48 sq.m.
The residences retain the distinctive elements of Oia’s traditional architecture, with cave and semi-cave structures, vaulted forms and courtyards. The complex is arranged around two courtyard levels, with the large central courtyard forming its heart.
The location is exceptional: to the west, the views open towards the Caldera, Thirassia and one of the world’s most celebrated sunsets, while on the other side unfolds the characteristic landscape of old Oia, with its windmills, blue domes, ornate bell towers and historic sea captains’ houses.
In 1976, the Greek National Tourism Organisation (GNTO/EOT) took over the property as part of its programme for the restoration and enhancement of Oia’s traditional settlement, restoring and converting it into guesthouses. Its selection and inclusion in this initiative form an important part of its history, highlighting its distinctive architectural character, which has been preserved and deserves to be safeguarded for the future.
Today, as a new era of hospitality unfolds in Oia, the property is ready for modernisation, offering the opportunity for a comprehensive redesign that will combine its authentic architecture with the contemporary standards of luxury accommodation.
The property’s unique layout allows for multiple concepts of use: as a boutique hospitality concept comprising five independent luxury residences, or as a single private village in Oia, available exclusively to families, groups of friends, private groups or incentive travel programmes. The central courtyard lends itself beautifully to breakfast, relaxation, private dining, wedding stays, retreats or selected private events.
This is a property whose value extends far beyond its square metres. Its location, views, five residences, courtyards, cave architecture and historical connection with the EOT restoration programme combine to create an exceptionally rare offering.
An authentic piece of historic Oia, ready to begin a new chapter with a contemporary identity while preserving the character that has always made it distinctive.
Asking Price: € 3,500,000
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